Business Law Archive

The World Trade Organization, WTO for short, has played an integral role in the relationship between trading nations since it was established in 1995. The WTO was set up to serve several purposes. The main …

The protection of Intellectual Property Rights has come to the forefront for many individuals that rely on their creative problem solving skills in technology or industrial enterprises. New inventions on the cutting edge of technology …

The nature of the corporation is protection from liability. This is why the United States government originally chartered the railroad companies who were seeking protection from their actions. They were chartered as “corporate” bodies and …

Copyright law is in no way a form of censorship. Copyright law is something completely different, and the effect of the law is the exact opposite of censorship. Copyright law protects the rights to a …

In the US, each state has the power to enact its own legislation and the authority given to the federal government for enacting statewide legislation are limited to the ones empowered through its constitution. Thus, there was a need …

“Everything that can be invented has been invented” Charles H Duell, Commissioner US patent office, 1899 A decision has to be made by the Patent and Trademark Office as to whether an invention is protected …

Family-owned businesses are not for the faint of heart. As with any relationship, there are bound to be problems. The difference between the families who are able to successfully run a family business and those …

In order to register with the Copyright Office, you must first decide on a designation for your material. Each classification requires different forms, and has a different definition. The steps taken are basically the same, …

Trademarks and service marks are “signs” used in commerce to distinguish one manufacturer or service provider from another; they are in essence brands. These signs could be a word, logo, image a stylistic word or …

Well then, you have a U.S. patent on your nifty new product and you have found out that a competitor is making this product without paying you. You are angry and call your lawyer who, …

Along with patents, trademarks and copyrights are two of the three standard forms of intellectual property protection covered by American and by international law (and by similar laws in most other countries, as well). Essentially, …

As children get older their “toys” get more and more expensive. They want computers, the latest fashion, and every other new gadget or game that comes out in the market. And most of them end …

Critically Assess the Law on Unilateral Mistake in modern UK contract law The question of a unilateral mistake poses a number of quandaries for the law and the common law has sometimes taken a confused …

There are already a few forms of legal gambling in Arizona now. Arizona has dog racing tracks as well as card rooms where one can play their favorite poker games. If these forms of gambling …

The financial and economic world revolves around contracts. A binding contract does not invariably need to be put into writing to prove valid. Verbal contracts between two people can have the same enforceable effect as …

Advertisers must clear all the common legal issues in advertising before launching an ad. Otherwise, regulation over false advertising claims and litigation over misuse of intellectual property can quickly consume the profits generated by the …

PROTECTING INTELLECTUAL PROPERTY Many people have great ideas for businesses or consumers. These can be brand new inventions, new uses for existing products, combinations of existing products, etc. Getting paid for our ideas or inventions …

The legislative history of the Fair Labor Standards Act of 1938 (FLSA) points to the fact that Congress enacted the Act as a remedial and humanitarian measure to stabilize the economy and protect the common …

Commercial lease agreements are drawn up to bind both the landlord and the tenant in an enforceable contract. The details within the lease agreement should be within the laws set forth by the state the …

The clerk sells a bag full of groceries to the hassled mother. A car dealer lowers the price of the car he is selling a retiree. A moving truck carrying a households goods makes its way down …

The bankruptcy of Detroit did not happen overnight. Bankruptcy is touted as a simple solution to the complex problems the city now faces. Whenever one is faced with the promise of a simple solution, it …

In the old days when communication, travel and acquiring knowledge were not within the easy access of ordinary citizens, it was pointless to talk about the protection of one’s rights when one invented or discovered …

Widely known as ‘Obamacare’, the US Patient Protection and Affordable Care Act (PPACA) was signed into law by President Obama in March 2010. Debated widely in many different forums, it is considered to be the …

Intellectual property encompasses a rather broad categories of medias, including written media, recorded media, and inventions created by any individual or company, and refers to legal entitlements associated with each of these areas. In short, …

Back in the heyday of advertising, advertisers were able to get away with pretty much anything. There was little or no legal regulation on how a company promoted its products. There was no shortage of …

Copyright law presents a simple premise: that creators, artists, and authors should be rewarded economically for contributing to the marketplace of ideas. The system in place protecting copyright gives authors the exclusive ability to transfer …

Differentiating patent, trademark and copyright law is straightforward once you know the categories of creations each segment of law protects. Patent law protects inventions, trademark law protects commercial identities, and copyright law protects literary and …

Patents are a tool used against the common man of intelligence! All intelligent men know that patents do not protect them. When you have invented something very useful or scientific, it is your duty to …

Copyright is the principle of law granting exclusive rights of use to any publishable work, or product, to its creator, who is known as the copyright holder. In the United States, the rights reserved to …

The purpose of anti-trust laws is to keep a healthy level of competition in the marketplace by discouraging monopolies and penalizing unfair business practises. In the United States, this aspect of commerce is governed by …